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McLaren Automotive officially launches as the MP4-12C speeds toward production

McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.

LCV VALUES DEFY POOR CONDITIONS

AN INCREASE in demand for four-wheel drive light commercial vehicles saw LCV values rise during December 2010, according to new figures from British Car Auctions. After reaching a low-point in November, the cold weather inspired a £37, or 0.9 per cent, rise in average LCV values to £4,067. Values were also boosted by a 25 per cent decline in the number of vehicles that came to auction during the month.

Collector electrifies a 1955 LaSalle Roadster

Just months after Joe Bortz's unveiling of the restored 1955 Chevrolet Biscayne, the auto archeologist and collector is moving into the second phase of restoration with another General Motors Motorama concept car: the 1955 LaSalle Roadster. But here's the key difference--the LaSalle is going electric. As the LaSalle's motor was never completed, the roadster is considered a “push mobile.” To prepare the car so that it can be driven--rather than pushed--on the road, Bortz has teamed up with Pioneer Conversions, an Illinois business focusing in the electric conversion of various vehicles.